Property profile

201 7Th Ave Plaza, ND 58771

OFF-MARKET
Mixed-use properties
5,412 SF 0.32 ac lot Built 1986
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Property summary

AI-generated overview

This exceptional mixed-use property, located at 201 7th Ave in Plaza, North Dakota, presents a unique investment opportunity. The property encompasses a total of 5,412 square feet, situated on a 0.32-acre lot (APN 59-0026100). The main structure, built in 1986, features a 42' x 58' free-span building with two 9'x9' overhead doors, a concrete floor, and bright lighting. A significant 48' x 62' addition, completed in 2019, boasts two large 14' overhead doors (one 14'x16', one 14'x10'), an epoxy-finished heated concrete floor, and an interior finished with liner panels. This addition also includes a well-appointed office and a half-bath. The property is currently vacant and zoned R1. Exterior features include a concrete driveway apron and RV hookups, providing ample parking. The building is classified as Class B and is offered at $340,000, translating to a price per square foot of $62.82. This owner-user investment opportunity is perfect for a variety of businesses needing both workspace and potential living quarters. The property's combination of existing structure and modern addition offers flexibility and adaptability for a wide range of uses. The location in Plaza, North Dakota, offers a unique blend of small-town charm and accessibility.

Property profile

Verified
Property type Mixed-use properties
Year built 1986
Total area 5,412 SF
Lot 0.32 ac (13,939 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

201 7Th Ave Plaza, ND 58771
Plaza metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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